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The Latest Breaking News from Ed Perlmutter

Cannabis Reform Is 'By Far The Main Catalyst,' Analyst Discusses Jushi's Q4 Financial Results

Jushi Holdings Inc. (OTCQX: JUSHF) (CSE:JUSH) released its financial results for the first quarter of 2022 ended March 31, 2022, revealing revenue of $61

Benzinga

Bipartisan Senators Urge Congressional Leaders To Enact Marijuana Banking Legislation: Here's What They Said

About a quarter of voting members of the U.S. House have joined forces to urge congressional leaders to enact marijuana banking provisions into law as part of the large-scale manufacturing bill - America COMPETES Act.

Benzinga

Q&A: What will cannabis banking, and Capitol Bill baseball, do without Rep. Ed Perlmutter?

WASHINGTON — Out of all the many retirement announcements in Congress this year, Rep. Ed Perlmutter’s might’ve been one of the most surprising. Sure, some younger members are calling it quits, as are some who were once seen as their party’s future.

Tribune News Service

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What will cannabis banking (and baseball) do without Rep. Ed Perlmutter? - Roll Call

Rep. Ed Perlmutter was always happy to wheel and deal with Republicans, talk to reporters and heckle at the annual baseball game.

Roll Call

Sen Steve Daines Says SAFE Banking Act Has Enough Votes To Pass As Standalone, Is This True?

The Senate has been under a lot of pressure from all sides over the last few weeks to pass the cannabis SAFE Banking Act.

Benzinga

Congress Won't Legalize Pot Anytime Soon, but It Could Protect Marijuana Businesses by Passing Banking Reform

Chuck Schumer seems less interested in achieving cannabis reform than in making political hay from his inevitable failure.

Reason

Biden Administration Dodges Marijuana Decriminalization Question: Will Joe Legalize It?

The unofficial marijuana holiday 4/20 on Wednesday once again stirred up discussion among top lawmakers and officials in the U.S. about the drug's legal status.

Benzinga

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Pot shop robberies, deaths fuel calls for US banking bill

A surge in robberies at licensed cannabis shops in Washington state — including a pistol-whipping, gunshots and killings — is helping fuel a renewed push for federal banking reforms that would make the cash-dependent stores a less appealing target

The Independent UK

Why Do Legalizers Keep Blocking Pot Banking?

Chuck Schumer claims to favor repealing the federal ban on marijuana. So why did he sink legislation that would have removed federal obstacles to banking services for pot businesses?

Reason

Senator Nick Scutari Determined To Get New Jersey Marijuana Shops Up & Running, Here's What He Plans Next

On Monday, New Jersey's regulators green-lighted the launch of the state's recreational cannabis market.

Benzinga

New York State Senator Jeremy Cooney Introduces New Cannabis Banking Bill, Here Are The Details

New York State Senator Jeremy Cooney presented the first of two pieces of cannabis legislation that should help advance efficiency and compliance across the marijuana banking industry, reported

Benzinga

Who Is Standing In The Way Of Marijuana Legalization? GOP Support For Cannabis Growing Though Slowly

Senate Majority Leader Chuck Schumer (D-NY) recently revealed that in a joint effort with his colleagues, he plans to reach out to Republican senators to find out what "they want" to see included in

Benzinga

Janet Yellen Calls Congressional Inaction On Cannabis Banking Woes 'Extremely Frustrating'

Treasury Secretary Janet Yellen called it “extremely frustrating” that Congress has not yet enacted cannabis banking reform legislation and that her department is “supportive” of the bipartisan Secure and Fair Enforcement (SAFE) Banking Act,

Benzinga

Biden's Treasury Secretary Sympathetic To Cannabis Industry's Banking Woes, Calls Congressional Inaction 'Frustrating'

Treasury Secretary Janet Yellin called it “extremely frustrating” that Congress has not yet enacted cannabis banking reform legislation and that her department is “supportive” of the bipartisan Secure and Fair Enforcement (SAFE) Banking Act,

Benzinga

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Reason

Deadly Pot Shop Robberies Underline the Need for Marijuana Banking Reform While the Senate Dithers

Majority Leader Chuck Schumer worries that approving the SAFE Banking Act would make broader changes less likely.

Benzinga

Congressman Perlmutter Pushes For Senate Approval Of Marijuana Banking Bill, Pledges To Be A 'Real Pest'

Last month, the U.S. House of Representatives formally attached a cannabis banking reform amendment to large-scale legislation dealing with innovation and manufacturing.

Roll Call

Staffers share stories of district office challenges at Modernization hearing

The House Modernization hearing gave district staffers a public forum, however brief, to say how Congress could run better for them.

Benzinga

Sixth Time The Charm? Marijuana Banking Bill Sponsor Optimistic About Senate Approval

Earlier this month, the U.S. House of Representatives formally attached a cannabis banking reform amendment to large-scale legislation dealing with innovation and manufacturing.

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Roll Call

House takes its sixth hit on cannabis banking provisions - Roll Call

But the amendment to a China competition bill faces an uncertain future in the Senate despite bipartisan and industry support.

Benzinga

Cannabis Banking Act Added To Other Legislation By Rep. Perlmutter, MSO Shares Rise On News

Rep. Ed Perlmutter (D-Colo.) has attached the SAFE Banking Act, which would allow U.S. financial institutions to do business with legal cannabis entities, as an amendment to the America Competes Act. Perlmutter made the announcement in a Tweet Friday afternoon.

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